LU7 5.88% 1.8¢ lithium universe limited

Ann: Mogul to Acquire Lithium & Rare Earth Exploration Projects, page-30

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  1. 7,658 Posts.
    lightbulb Created with Sketch. 1992
    Certainly is a pivot and would be interested in knowing what is going to happen with the platform.

    I don't know much about lithium however a youtuber Upper Echelon (previously known as Upper Echelon Gamer) did a video a few months ago about how valuable Lithium is going to be not just now but also in the future.

    Whilst different to the previous direction and in a way would prefer the previous direction it seems it is hard to turn a profit in the esports gaming platform - there isn't many public listed companies so hard to gauge the profitability with any certainty one if you wanted to compare is AESE on Nasdaq which last year they lost ~10.8M (USD) which was an improvement from ~15M loss the year before however it was more the in-person events revenue that increased by 2M the multiplatform content (online) went down quite significantly from 750k to 250k.


    https://hotcopper.com.au/data/attachments/5309/5309688-ee94962ef1e7ebfb853eefb16e8a3530.jpg

    Be an interesting AGM and who knows maybe Lithium was the best thing for SHers?

 
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